How to Fill Out Direct Deposit Authorization Online | PDFRun

Welcome to PDFRun! In this video, we’ll guide you on how to fill out, a Direct Deposit Authorization
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A Direct Deposit Authorization Form acts as a document that authorizes a third party to send money to a bank account using ABA routing and account number. A third party may be an employer that would enroll an individual in their payroll.
Direct deposit is a way to deposit money to an individual’s bank account. It is transferring money from one bank account to another. The depositor may either use cash, check or electronic payment. Today, most businesses favor depositing using electronic payment due to their convenience and security. When adding an employee to a payroll schedule, an employer will be responsible for deductions. Deductions may be government deductions, including Federal Income Tax (FIT), Social Security, Medicare, State Tax deductions, and other local income taxes; and other essential deductions, such as Health Insurance, Retirement Plans or 401(k), and other employee-mandated deductions.
Once finished, click on the done button to save, download, & print, your Direct Deposit Authorization!
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